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EQT Corp. (EQT) agrees to sell its natural gas distribution business to Peoples Natural Gas for...

EQT Corp. (EQT) agrees to sell its natural gas distribution business to Peoples Natural Gas for $720M, which the company says allows it to reinvest in its natural gas production and midstream businesses. EQT also says it will reduce its annual dividend to $0.12/share, effective Jan. 2013.
Comments (1)
  • PalmDesertRat
    , contributor
    Comments (3202) | Send Message
     
    Great move!

     

    Hopefully this will bring another eog/cog to the world.
    20 Dec 2012, 08:29 AM Reply Like
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